The prices of real estate in Bulgaria and the EU have increased significantly in the past five years, data of Eurostat about the period 2014-2018 show. The property prices in the EU rose 15% on average and prices of real estates in the Eurozone saw 11% increase. Estonia ranks first in the ranking, where property prices increased with 83%. Cyprus places last in the ranking. Property prices in this country fell with 8%. In Bulgaria property prices increased with 14% in 2014, 2.3% in 2015, 7% in 2016, 8.7% in 2017 and 6.6% in 2018. Real estate prices in Bulgaria rose 26% in the past five years. Biggest collapse in the property prices in Bulgaria was registered in 2009-20%. In 2010 property prices in this country fell with another 10%. According to Eurostat, 7 in 10 EU citizens possess own properties. In Bulgaria and Romania nearly 97% of the citizens possess real estate properties. Germany ranks last in this ranking. Only 51% of the German citizens possess own properties.
During an operation of the General Directorate Combating Organised Crime under the leadership and supervision of the Sofia City Prosecutor's Office and the National Revenue Agency, a criminal group involved in tax crimes and money..
A list of over 10 unfair trade practices that must be stopped will be handed over to representatives of all parliamentary groups. Among them are high mark-ups, hidden fees of retail chains, inequality between Bulgarian and imported..
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory framework. The Union of Food Industry is the organizer of the 14th National Scientific and Practical..
A serious train crash involving a train owned by the Bulgarian company PIMK has occurred near Craiova, Romania. According to initial information, the..
Sofia Airport has been officially renamed to Vasil Levski Airport at a solemn ceremony on February 19 . The ceremony was attended by Deputy Prime Minister..
BNB Governor Dimitar Radev will sign the request for an extraordinary convergence report on the fulfillment of the criteria for eurozone membership. This..
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